TLAB | SA Radio .com

In die nuut gepubliseerde konsepbelastingwetsontwerp van die Nasionale Tesourie, wat die belastingvoorstelle in die begroting van 2021 bevat, bestaan ‘n besonders kommerwekkende wysiging wat die noukeurig beplande aftrede van belastingbetalers kan beduiwel. Die Wysigingswetsontwerp op Belastingwette (TLAB) stel ‘n bykomende “uitgangsbelasting” voor om aftreefondse van individue te belas, wanneer hulle emigreer en as Suid -Afrikaanse belastingbetalers uitree. Hierdie voorgestelde wysiging, wat op 1 Maart 2022 in werking tree, sal ‘n verdere slag wees vir emigrerende Suid-Afrikaners wat hul belastings residensie wil staak, na aanleiding van die drie-jaar-insluitreël wat vroeër vanjaar op uittree-annuïteite opgelê is.

Dit is belangrik om daarop te let dat die Wet op Inkomstebelasting No. 58 van 1962 (die Wet) reeds voorsiening maak vir ‘n uittreebelasting waar ‘n persoon sy Suid -Afrikaanse belastingresidensie stop. Dié wet skep ‘n fiksie waardeur ‘n persoon wat s
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In the National Treasury’s latest published Draft Tax Bills, which incorporates the tax proposals made in the 2021 Budget, the amendment proposes a particularly worrying amendment which may upend taxpayers’ carefully planned retirement. The Draft Taxation Laws Amendment Bill (TLAB) proposes an additional “exit tax” to tax retirement fund interests of individuals when they cease South African tax residency. This proposed amendment, due to come into operation on 1 March 2022, would be a further blow to emigrating South Africans wanting to cease their tax residency, following on from the three-year lock-in rule imposed on retirement annuities earlier this year.

It is important to note that the Income Tax Act No. 58 of 1962 (the Act) already makes provisions for an exit tax where a person ceases their South African tax residency. The Act creates a fiction whereby a person who ceases residency is treated as having disposed of their assets (other than immovable prop
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Posts tagged with 'TLAB'

Emigrasie Belasting? ANC Regime Beplan ‘n Bykomende “Uitgangsbelasting” om op Emigrerende Suid-Afrikaners se Aftreefondse te Hef!

Emigration Tax? ANC Regime to Charge Emigrating South Africans an Additional “Exit Tax” on Retirement Funds!